4 Morgan Way
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed | $879,000 | |
| Listed | |||
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Located on a quiet seven-home cul-de-sac, this amazing like new construction home (built in 2022) offers a fantastic layout and amazing finishes throughout. The second floor features three generously sized bedrooms including a primary suite with bathroom with double vanity and a custom walk in closet as well as a second floor laundry room and office with access to a walkup attic begging to be finished. The open floor plan between the living room and dining area offers coffered ceiling, exquisite moulding, great natural light and recessed lighting. The kitchen comes equipped with gorgeous countertops, cabinet space, and stainless steel appliances centered on a beautiful island and sleek fixtures.The finished basement is perfect for a home gym/den/playroom. With a fenced backyard abutting conservation land and beautiful stone patio and astounding exterior detailed trim in a great neighborhood, this home offers three gorgeous stories and potential for one more. This home is truly special!
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| May 2, 2022 | Sold | ||
| Sold | |||
| Feb 6, 2022 | Listed by The Sobran Group | $758,500 | |
| Listed by The Sobran Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017